Meaning, Essential Elements And Kinds Of Contract
a contract means when two or more parties put into writing an agreement which contains certain obligations (promises)
a contract means when two or more parties put into writing an agreement which contains certain obligations (promises)
The term “Acceptance” has been defined under Section 2(b) of the Indian Contract Act,1872. According to the Section, an offer or proposal
Presence of consideration is one of the essentials of valid contract. It is one of the most important element to support a contract. Consideration means something in return of a promise
A standard form contract is a contract between two parties that does not allow for negotiation , In lay-man term means ‘take it or leave it’ kind of contract
, the age of majority in India is defined as 18 years. For the purpose of entering into a contract
SECTION 68 of the Indian Contract Act, 1872 states that if a person does not have the capacity of being in a contract receives necessaries